Arizona Hits 14-Year Unemployment Rate Low, Adds 400,000 Jobs since 2015

inbusinessPHX.com

Governor Doug Ducey announced Arizona’s booming economy has added more than 400,000 new jobs since 2015 and the state’s unemployment rate has plummeted to 4.1 percent — the lowest since December 2007. Speaking at a groundbreaking event for Sunlit Chemical in Phoenix, Governor Ducey announced the state’s latest economic achievements, referring to the latest employment report by … [More]

Taiwan Semiconductor Chemical Supplier Breaks Ground on Manufacturing Facility in Phoenix

inbusinessPHX.com

Sunlit Chemical, a leading semiconductor chemical supplier based in Taiwan, broke ground today on its first U.S. manufacturing facility in Phoenix. Joined by Governor Doug Ducey, City of Phoenix leadership, legislators and economic and community leaders, the groundbreaking advances the state’s reputation as a national semiconductor leader and advances Arizona's unrivaled … [More]

$1.5M in Grants for Entrepreneurs and Startups as Second Round Opens

inbusinessPHX.com

invisionAZ and StartUpAZ announce the second round of EmergeAZ Fast Grant funds to support innovative startups based in Arizona. In partnership with Governor Doug Ducey, $1.5 million has been allocated to the EmergeAZ Fast II Grant to provide resources to entrepreneurs and startups with emerging technologies designed to address current and future economic, health, or societal … [More]

Delta Dental Launches 24/7 Virtual Visits Services

inbusinessPHX.com

Delta Dental of Arizona announced the launch of Delta Dental Virtual Visits delivered by TeleDentistry.com. The new service provides 24 hour, 7 days a week access to emergency dental care for Delta Dental members. This new and valuable service is a covered benefit for members whose plans include coverage for oral exams. “We are always looking for new and innovative ways to … [More]

Thunderbird Announces Global Initiative to Educate 100 Million Learners by 2030

inbusinessPHX.com

Thunderbird School of Global Management, home of the world's No. 1 ranked Master's in Management at Arizona State University (ASU), ranked No.1 for innovation in the U.S., announced today a transformative new global initiative to educate and empower 100 million learners by 2030. The announcement coincides with the World Economic Forum’s State of the World sessions. Thanks to a … [More]

U.S. Weekly Jobless Claims Rise to Three-Month High

U.S. Department of Labor

In the week ending January 15, the advance figure for seasonally adjusted initial claims was 286,000, an increase of 55,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 230,000 to 231,000. The 4-week moving average was 231,000, an increase of 20,000 from the previous week's revised average. The previous week's average was … [More]

Inventory Down 40% from Pre-COVID Level as Home Price Growth Intensifies

Zillow

The home shopping season appears to already be in full swing, as anxious buyers outnumbered dwindling new listings and drove inventory to record low levels in December. Limited supply is already pushing price growth up, as Zillow®'s latest market report1 shows monthly home value appreciation accelerated for the first time since July.   In addition to not wanting to wade into … [More]

Nikola Agreement to Facilitate Zero-Emission Vehicle Sales Financing

Nikola Corporation

Nikola Corporation, a global leader in zero-emissions transportation and energy infrastructure solutions, and Corcentric Fleet Funding Solutions, a leading provider of leasing and financing solutions, today announced a signed agreement to facilitate sales of Class 8 Nikola Tre battery-electric vehicles (BEVs) and Nikola Tre hydrogen fuel cell electric vehicles (FCEVs). Pursuant … [More]

Bridge Loan Firm Reaches Milestone of $1B in Commercial Real Estate Loans

inbusinessPHX.com

RRA Capital, an investment firm specializing in commercial real estate (CRE) bridge loans, announced today that it has surpassed $1 billion in CRE bridge loans originated since inception. RRA, founded in 2008 at the behest of bankers with real estate problems, is a national, commercial real estate lending and consulting firm specializing in short-term, … [More]

Investing in Complex Times: Is Avoiding Mistakes the Most Important Strategy?

inbusinessPHX.com

Befuddled about where to invest your money? Maybe that shouldn’t be surprising. In the United States there are nearly 6,000 public companies that someone could invest in (never mind the rest of the world), and trying to find the shiny pearls in the midst of all that clutter is a grim task, says François Sicart, a wealth manager for over 50 years and author of Luck Is Not … [More]

5 Ways to Strengthen Your Business Relationships and Grow Your Company 

inbusinessPHX.com

Another record year for entrepreneurship could be in store for 2022. But how many of these new business owners end up succeeding will depend on more than the quality of the products and services they offer. Creating and nurturing customer relationships allow businesses to offer a more personalized and enticing customer experience, which produces the buyer loyalty that is … [More]

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